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September 14, 2025
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Remittances exceeded in August the one billion dollars

Remittances exceeded in August the one billion dollars

He Central Bank of the Dominican Republic (BCRD) reported that between January and August 2025 Family remittances received reached US $ 7,921.0 million, for an increase of US $ 808.5 million (11.4 %) compared to the same period of 2024.

The bank highlights that these resources sent by the diaspora have Multiplier effect About him consumptionthe investment and the financing of the most vulnerable sectors.

In August, US $ 1,046.5 million entered an year -on -year increase of US $ 94.2 million (9.9 %). Is the third month of 2025 in which shipments exceed US $ 1,000 million, next to March and July.

Origin of flows

The performance of the United States Economy It was decisive: from that country 80.4 % of the formal remittances August (US $ 751.2 million).

In that month, the American unemployment rate It stood at 4.3 % (slightly above 4.2 % in July) with 22,000 added jobs, and the non -manufacturing PMI of the ISM marked 52.0 (from 50.1 in July), sign of signal Expansion of the services sectorwhere a good part of the Dominican diaspora is used.

After e. Uu., Spain contributed US $ 71.4 million (7.6 %) of the monthly total. They also stood out Italy (1.5 %), Haiti (1.3 %) and Switzerland (1.2 %); In addition flows were received from Canada and France, among others.

Internal distribution

In August, the National District concentrated 47.5 % of remittancesfollowed by Santiago (10.6 %) and Santo Domingo (7.0 %). Complete the picture: Duarte (3.9 %), La Vega (3.0 %), Peravia (2.9 %), Puerto Plata (2.6 %), Rest North Region (10.8 %), East Region (6.7 %) and Rest Southern Region (5.1 %).

On the whole, about two thirds (65.0 %) of shipments are concentrated in the metropolitan areas of the country.

2025 perspectives and exchange stability

The BCRD projects that remittances They will close the year around US $ 11.7 billion and the investment direct foreign (FDI) in US $ 4,800 million. In addition, it estimates that gold exports could reach US $ 2,000 million supported by prices greater than US $ 3,000 per Troy ounce.

These currency flows have contributed to the exchange market stability: At the end of August the Dominican weight accumulated a depreciation of 3.3 % compared to the closure of 2024.

The International reserves They added US $ 13,887.6 million (10.7 % of GDP), equivalent to 5.1 months of imports, above the thresholds recommended by the IMF.

The Central Bank reiterated that it maintains the Surveillance of the external environment And that will continue to take the necessary measures to preserve the Price stability and of the exchange market.

Leader newspaper of the Dominican Republic focused on general news and innovative journalism.

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